Vivo is an advanced, decentralized and secure digital currency, an enhanced further development of Dash, featuring the masternode technology, near-instant & secure payments, and superior anonymous transactions. With a fast block time of only 2 minutes, transactions will usually confirm and be successfully processed very quickly. Vivo's blockchain is encrypted using the advanced NeoScrypt Proof of Work algorithm. NeoScrypt is the newer, improved version of Scrypt. NeoScrypt is ASIC resistant and ensures a fair return on investment to all looking to mine the Vivo coin. Vivo also puts greats value on the mining being ASIC resistant by utilizing the NeoScrypt Hashing Algorithm, the new and improved version of the popular Scrypt algorithm.
Vivo values masternode holders, offering 50% of the block reward to masternodes. Masternodes are the backbone of the Vivo network including PrivateSend and InstantSend technologies. They provide the infrastructure for instant and anonymous transactions, and reward their owners with a passive income. Vivo provides the most beneficial reward policy for masternode holders known to date, with 50% of block reward being apportioned to masternodes.
Maximum Supply: 27.2 million
Current Circulating Supply: ~ 11 million
Difficulty Retargeting: Every Block
Block Time Average: 2 minutes
Starting Block Reward: 10, decreasing by 10% every year
Current Block Reward: 5.9 (2.95 to MNs, 2.95 to miners)
Next 10% reduction: Every February 7th
Block Reward Distribution: 50% to Masternodes, 50% to Miners
InstantSend Confirmation: ~5 seconds
Premine: 3.4% (Premine sold off and/or abandoned - investors now control Vivo's fate)